Verizon and Nova Credit are partnering to offer newcomers to the U.S. the ability to access the latest smartphone devices and flexible 5G unlimited cellular plans by sharing their international credit history.
People moving to the U.S. from other countries, be it for work, school or personal reasons, have traditionally found it difficult to purchase devices and set up services for smartphones due to a lack of American credit.
Those relocating can now seamlessly opt-in to share their international credit history with Verizon as part of the application process.
“Verizon, in partnership with Nova Credit, is proud to be the first carrier in the U.S. to provide newcomers with easy access to the best devices on the best network,” Nina Bibby, SVP consumer segment marketing at Verizon, said in a press release Thursday (March 31).
“We understand that obtaining reliable cell phone service is a priority to those arriving in the U.S., many of whom have to start from scratch building a U.S. credit history, which makes basic tasks like purchasing a phone with financing nearly impossible,” Bibby continued.
Those who don’t have a credit history in the U.S. will have the option to securely share their international credit history. Per the release, once qualified, they can use their government-issued ID and such to complete the credit application through Verizon.
U.S. newcomers with a credit history in Australia, Brazil, Canada, the Dominican Republic, India, Kenya, Mexico, Nigeria, the Philippines, South Korea, Spain or the U.K. can apply for device financing.
“Obtaining a cell phone plan is an essential part of the relocation journey faced by millions of newcomers each year, yet they are forced to rely on very limited options,” said Nova Credit co-founder and CEO Misha Esipov. “Our partnership with Verizon brings to life the Credit Passport® to enable newcomers to use their international credit history to unlock fair access to cell phones and financing.”